Bella Protocol x Solv Protocol Partnership
Bella Protocol announced partnership with Solv Protocol, so Bella will issue Vouchers with BEL token allocations on the Solv Protocol platform as BEL’s first step into the financial NFTs.
It seems that they could say financial NFTs are NFTs that are used in financial scenarios. But strictly speaking, Financial NFT means an upgraded version of NFTs with a brand-new token standard that could enable its ability to express the multi-dimensional attributes of assets in the form of computable NFTs. Financial NFTs are used to represent the contractual relationship between investors and the project team, and the transfer of Vouchers represents the transfer of investment portions.
Financial NFTs can be split into multiple derivatives/portions that can be transferred to other individuals. This feature enhances lock-up allocations by vastly improving the flexibility of their management. NFTs represented by locked-up allocations can be traded freely on the Solv Marketplace or on OpenSea. They can also be turned into collateral on NFTfi for liquidity before their release date as needed.
The Vesting Voucher of BEL represents BEL’s locked-up token allocations, with the locked BEL tokens scheduled for gradual release. Vouchers for allocations are used to represent the contractual relationship between investors and the project team, the transfer of Vouchers represents the transfer of investment portions. In addition, with the abilities of splitting and merging, Vouchers bring much more flexibility to portion trading.
About Bella
Bella is a suite of open finance products, including automated yield farming tools, BEL Locker, and Flex Savings. We believe everyone deserves equal access to premium financial products and services with elegant design and a smooth user experience.
Bella Protocol is backed by Binance Labs and Arrington Capital as lead investors. Other investors include Alphabit, AlphaCoin Fund, Koi Ventures, Ledger Capital, Tensor, N7 labs, Quest Capital, HBTC Labs, and more.
About Solv Protocol
Solv Protocol is the decentralized platform for creating, managing and trading Financial NFTs.
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